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Short Interest in MGM China Holdings Limited (OTCMKTS:MCHVY) Declines By 25.0%

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MGM China Holdings Limited (OTCMKTS:MCHVY – Get Rating) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 2,100 shares, a decrease of 25.0% from the August 15th total of 2,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 21.0 days.

MGM China Price Performance

OTCMKTS:MCHVY remained flat at $6.06 during trading hours on Friday. 3,700 shares of the company were exchanged, compared to its average volume of 1,811. The firm's fifty day moving average is $6.27 and its 200-day moving average is $6.57. MGM China has a 12-month low of $5.55 and a 12-month high of $9.43.

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About MGM China

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MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau.

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